Bookmark : http://www.sacoilholdings.com/investor-centre/company-announcements/dealings-in-securities/?id=14&entryId=190
Skip to : [Content] [Navigation]

Dealings in Securities

<< Back to Company Announcements

11 Aug 2011

SACOIL HOLDINGS LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1993/000460/06)

JSE share code: SCL / AIM share code: SAC

ISIN: ZAE000127460

(“SacOil” or “the Company”)

Dealings in Securities

In compliance with rule 3.63 of the JSE Limited ("JSE") Listings Requirements and rule 17 and schedule 5 of the AIM Rules for Companies ("AIM Rules"), the following information relating to dealing in Ordinary Shares by directors and executive management was disclosed to SacOil on 11 August 2011:

Name:                                                                                     Colin Bird

Name of company:                                                     SacOil Holdings Limited

Position:                                                                      Executive Director

Date of trade:                                                                         11 August 2011

Number of securities:                                                             100,000

Class:                                                                           Ordinary shares

Price:                                                                           4.50 UK pence/52.70* SA cents

Total value of the transaction:                                   GBP4 500 / ZAR52 695*

Nature of Transaction:                                                Purchase on the open market

Extent of interest:                                                       Direct beneficial

*=converted at GBP11.71 to ZAR1

Clearance for this transaction was provided by the Chairman of SacOil in compliance with rule 3.66 of the JSE Listings Requirements.

Pursuant to rule 7 of the AIM Rules, any Ordinary Shares purchased by Colin Bird are subject to lock-in agreements which prohibit such Ordinary Shares from being disposed of for twelve months from 8 April 2011 being the date of admission of Ordinary Shares to trading on AIM.

Johannesburg

11 August 2011

Sponsor

Standard Bank

For further information please contact

Nominated Adviser and Joint Broker

finnCap Limited

Matthew Robinson/Ed Frisby

+44 (0) 20 7600 1658

 

Joint Broker

Shore Capital Stockbrokers Limited

Jerry Keen/Dru Danford

+44 (0) 20 7408 4090

 

Tavistock (Public Relations UK)

Edward Portman / Jos Simson

+44 (0) 20 7920 3150

 

The Riverbed Agency (Public Relations SA)

Raphala Mogase/Bongiwe Moeli

+27 (0) 11 783 7903